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Usdjpylong

USDJPY SellThe USD/JPY pair is approaching 134.50 amid the release of the dovish Bank of Japan (BoJ) minutes for the monetary policy meeting, announced last week on March 09. The last monetary policy announcement by ex-BoJ Governor Haruhiko Kuroda lacked surprises as a continuation of an ultra-dovish policy stance was highly required to keep inflation steady near desired rates. The commentary in BoJ minutes that the central bank will continue with Quantitative and Qualitative Monetary Easing (QQE) with Yield Curve Control, aiming to achieve the price stability target of 2 percent, as long as it is necessary for maintaining that target in a stable manner, indicates that the ultra-loose monetary policy would stay for a longer period. USDJPY main trend is still down. Currently on the h1 chart this currency pair is in a deep correction. Recommend waiting to sell down when the price returns to 135.00, SL: 135.60, TP: 134.00
Short
by VTmarkets
USDJPY: Bull Run AgainAfter a huge bull run, we expect the price to mitigate both buyers and sellers to generate liquidity for the next move. I personally believe we will see a final sweep of sellers around my sell zone of interest before selling off aggressively to the downside to take out the remaining buyers. Once this move is complete, or something similar has occurred. I will then look to buy in and continue with the bulls. You can play between the zones if you like but ideally getting the long-term buy is better.
Long
by AlkalineFX
2
USDJPY M30: Bullish outlook seen, further upside above 133.20Prices have broken above a key resistance-turned support zone at 133.20 on the M30 timeframe, in line with the 23.6% FIbonacci retracement. A throwback to this zone could present an opportunity to ride the bounce to the resistance zone at 135.00, which coincides with the 161.8% Fibonacci extension and 61.8% Fibonacci retracement. Price is holding above the 20 EMA, while MACD is showing bullish momentum, supporting our bullish bias.
Long
by T3-Consultancy
USDJPY SellUSD/JPY is down some 1.3% on the day and has fallen from a high of 135.05 to a low of 132.28 ahead of what will be critical data in the US Consumer Price Index on Tuesday. The US Dollar was pressured at the start of the week and in a continuation to the fallout from the Nonfarm Payrolls. While the Nonfarm Payrolls showed robust jobs growth, the rise in the Unemployment Rate and signs of cooling wage inflation sent the greenback lower as investors started to trim bets that the Federal Reserve will raise interest rates as sharply. The United States added 311,000 payrolls in February and the unemployment rate rose to 3.6%. However, a survey of economists polled by Reuters expected the United States to have added 205,000 jobs last month and the unemployment rate to hold steady at 3.4%. Average hourly earnings rose 0.2% last month after gaining 0.3% in January, below expectations of 0.3%. USDJPY h1 price is in a downtrend. After a correction at the end of yesterday, the price is now showing signs of continuing to go down. With this pair traders can sell to current price 133.18, SL: 133.90, TP: 132.00
Short
by VTmarkets
USDJPY (Week Buy)From the previous week, USD/JPY did sell as expected due to the top resistance zone within my screen shot. Also the USD red folder news on March 10th (Unemployment Rate) made it to sell tremendously to the support zone and exceeded my expectations. This week, im expecting a buy since we have CPI and PPI reports coming out, causing the USD to be stronger and be in a uptrend to the top resistance zone. Just my opinion, thoughts? have a good week everyone. I left a link to the previous week.
Long
by PAPIPIPSS
The USD/JPY currency pair is expected to continue its upward..The USD/JPY currency pair is expected to continue its upward trend above 137.00 as the Bank of Japan maintains an ultra-loose monetary policy. The USD/JPY currency pair is currently experiencing reduced volatility around 136.65, following a period of heightened volatility due to the Bank of Japan's (BoJ) decision to maintain an ultra-easy monetary policy. BoJ Governor Haruhiko Kuroda has implemented this policy in response to the lack of inflationary pressure caused by stagnant domestic demand and wages in the Japanese economy.
Long
by FOREXN1
2
USD/JPY: Bullish trend to continue Keep an eye on US Treasury yields, as the two-year US bond yield rose to 5.085%, the highest in Asia, and currently stands at 5.062%; the Nikkei index closed up 0.5% at 28444.19 points. The USD/JPY rose to 137.90 and then retreated, but still remains bullish; The USD/JPY rose from the morning low of 137.10 in Asia to the highest of 137.90, and then softened slightly, but still leans towards an upward trend; Stop loss is set above the strike price of 138.00 for large options, some of which will expire tomorrow. The USD/JPY is expected to test 138.00 and the high point of December 15th; Given yesterday's big rise, some pullback is not surprising. However, Japanese importers and other participants are waiting for the pullback to buy back in. It is also recommended to wait for a correction after the pullback to continue buying, with a buying point of 136.40. I have in-depth research on futures products such as cryptocurrencies, foreign exchange, stocks, gold, and crude oil, and I also update some daily operation layouts. Thank you for your attention and likes. Friends with questions can leave me a message in time, and I will give the most reliable advice. I hope I can help you.
Long
by FlashTrades_
2
USDJPY | Perspective for the new week | follow-up detailsDespite negative GDP data last week (negative variance of 1.71), the dollar closed its fourth consecutive week in positive territory, trading 1.80% higher to culminate at the 136.500 zone. The economic data released so far this year has painted a stronger picture of the U.S. economy. It is also worth noting that the incoming BoJ governor Kazuo Ueda indicated that the central bank will largely maintain its ultra-accommodative policy in the near term hereby indicating a weak economy and considering the significant breakout of the 135.000 zone (the first time this year); the Greenback may continue to remain in demand. This video illustrates a detailed technical perspective of what to look for in the coming week as trading opportunities is strongly leaning towards bullish expectation from a long-term perspective. 00:50 Reference to last week's daily commentaries and results 03:49 USDJPY analysis on Daily Timeframe 06:05 Macroeconomic event for the week 08:30 USDJPY analysis on the 4H Timeframe 10:30 Conclusion on next week's projections Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
4